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Hello, I'm sure multiple people have already asked this question and I won't be the last one to ask this but can somebody please suggest a basic checklist to go through when visiting a property for the first time. Bec...
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We recently foreclosed on a sfr in Elyria and will be taking on some debt to get it renovated for rental. I'm seeking recommendations for an investor-friendly title company we can engage to handle a title/escrow for a...
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I found a property in Toledo Ohio that we might be interested in purchasing for our first investment. There will be renovation expenses so we will need to find a good but reasonable contractor. Do we secure our financ...
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I am hoping to do my own taxes this year but got a little stuck as I was finalizing my books. I purchased a SFH in Oct. 2021 with owner financing that is still under renovation. I understand that any renovation expens...
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Hi all, newbie here. Looking to buy rental property in the midwest (first rental out of state). Wondering what the pros and cons to working with the seller's agent vs a different one who is either recommended by BP ...
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Closing on a multi family unit in Aurora, INAsking price:129,000 Close:119,000Unit 1: 2 bd 2 bath. Unit 2: 1bd 1bath. Unit 3: 2 bd 2bath the 2 units currently pay $500 and the other pays $400 I plan to renovate floors...
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I have an single member LLC newly formed in late 2017. I purchased a property in the LLC name to be flipped in 2017 that will sell in 2018. I have not elected to be treated as an S Corp at this time. Nearly all ren...
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So I'm looking at buying a single family house that has great numbers as a rental property. But needs carpet, paint and kitchen/bathroom remodel.
I know the Bathroom Remodel / Kitchen remodel are depreciated...
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Bought in Sept 2011 for about 130k, Rehabbed by end of Dec 2011.
Rehab costs were about 45k
Holding costs from Sept-Dec were about 7k (monthly loan payments, utilities, taxes, insurance)
182k rehabbed. The place i...
Hi BiggerPockets People,I'm a real estate investor in Canada. My business partner and I started investing (with intent) last year and since then we've done 3 flips and purchased 2 multifamily properties. We're BRRRR...